All the headlines from our Florida Topic Page, ordered by recency.
Dec 12 2024 // Florida lawmakers established the Birth-Related Neurological Injury fund in 1988 to provide a no-fault remedy for parents of children with certain injuries incurred at birth, with an aim toward reducing the soaring cost of...
Dec 11 2024 // Florida’s orange production for the current season is forecast at 12 million boxes, the lowest since 1930, after a hurricane this fall accelerated an unrelenting industry downturn.That’s down three million...
Dec 11 2024 // At the Florida Chamber of Commerce Insurance Summit last week, the state’s emergency management director announced a multi-million-dollar program that many homeowners, lawmakers and insurers have long hoped for: New...
Dec 10 2024 // TALLAHASSEE, Fla. (AP) — Environmentalists are heading to court to try to stop a plan to drill for oil in the watershed of a vulnerable north Florida river. The challenge brought by the conservation group Apalachicola...
Dec 9 2024 // (AP) — The president of Atlanta-based Tyler Perry Studios died Friday night when the small plane he was piloting crashed on Florida’s Gulf Coast.The studio confirmed on Saturday that Steve Mensch, its 62-year-old...
Dec 5 2024 // Florida’s Citizens Property Insurance Corp. has dropped below 1 million policies in force for the first time since July 2022, a milestone that officials said reflects an ongoing depopulation program and an improving...
Dec 4 2024 // JPMorgan Chase & Co. plans to hire 300 people in the Orlando area over the next two years, part of the largest US bank’s expansion in the South.The firm will renovate its 250,000-square-foot (23,226-square-meter)...
Dec 4 2024 // Despite continued uncertainty over the future of federal tax rules on micro-captive insurance companies, the instruments seem to be increasingly popular for small businesses, especially in Florida, where rates for...
Nov 27 2024 // Florida’s chief financial officer, Jimmy Patronis, whose office oversees insurance agent and adjuster licensing, along with insurance fraud investigations, plans to step down and run for Congress next year.News...
Nov 27 2024 // Nearly every insurance policy has a forum selection clause and nearly every opposite party wants to avoid them at all costs in hopes of finding a more favorable venue. A new opinion from Florida’s 3rd District Court...
Nov 26 2024 // Despite four hurricanes in just over a year and significant payouts by the Florida Cat Fund, three special tax bonds have seen their ratings upgraded, the state’s insurance commissioner announced Monday.“These...
Nov 25 2024 // Just a week after a pilot program for strengthening Florida condominiums was launched it reached maximum capacity and is no longer accepting applications. The overwhelming response could underscore the need for wind...
Nov 22 2024 // Weiss Ratings, a Palm Beach Gardens financial ratings firm, sparked some outrage from the Florida insurance industry in recent weeks after it released reports contending that some of Florida’s largest property...
Nov 22 2024 // Officials with Florida’s Citizens Property Insurance Corp. took issue Thursday with a number of national and Florida news reports that have suggested that the insurer has the “worst rate” on paying claims...
Nov 21 2024 // The five U.S. metropolitan areas with the biggest drop in home sales are all in Florida, the result of a perfect storm of rising insurance costs, homeowner association fees and repeat storms, a home sales tracking service...
Nov 20 2024 // Florida’s newest legislative leaders on Tuesday rattled some sabers about property insurance rates and claims but offered no agenda for the upcoming session that begins in March, according to state news...
Nov 19 2024 // Florida employers will soon see the smallest decrease in workers’ compensation rates in years – just a 1% reduction from current overall rates in the voluntary market.The Florida Office of Insurance Regulation...
Nov 18 2024 // It was an inside job, one that cost an insurance company in Florida more than $1.1 million, authorities said.Investigators with Florida’s Department of Financial Services on Friday charged Rochell Green and Breana...
Nov 18 2024 // Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller claims because either damage falls within the deductible, or is so close to it that the...
Nov 18 2024 // A recent photograph of destruction left by Hurricane Milton’s wind tells the story: An entire roof section on a residential complex in Bradenton, Florida – including rafters and ceiling joists – was...